This announcement and the information contained herein is not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan, South Africa or any jurisdiction in which the same would be unlawful. This announcement is not an offer of securities in the United States, Canada, South Africa, Australia, Japan or any other jurisdiction.
Cryo-Save Group N.V. (AIM: CRYO, “Cryo-Save” or “the Group”), Europe’s leading stem cell bank, announces that all resolutions at today’s EGM were passed.
The Group is on course to secure its additional listing on Euronext Amsterdam by mid October to complement the Group’s shares being traded on AIM in London. Cryo-Save will not be issuing any new shares or raising new funds.
Following the adoption of the first amendment of the Articles of Association at today’s EGM, the 5:1 consolidation and redenomination of the shares is expected to take place following the close of trading of the shares on AIM on 7 October 2009. As a consequence of the share consolidation, for every five shares with a nominal value of 2 euro cents held by a shareholder immediately prior to the close of trading on 7 October 2009, a shareholder will hold one share with a nominal value of 10 euro cents.
Immediately after the share consolidation, the Group will have a total number of 9,639,191 issued shares, each with a nominal value of 10 euro cents.
The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any State of the United States and the District of Columbia). These materials do not contain or constitute an offer for sale or the solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration under the Securities Act or an available exemption from, or transaction not subject to, the registration requirements of the Securities Act.
This announcement is not a prospectus. In connection with the admission of the shares in the capital of the Company to trading on Euronext Amsterdam by NYSE Euronext, a prospectus shall in due course be made generally available. Copies of the Prospectus will, following publication, be available at no cost through the website of the Company (www.cryo-savegroup.com) and the website of Euronext Amsterdam (Dutch residents only) and by sending a request in writing to the Company at its business address: IJsselkade 8, 7201 HB Zutphen, the Netherlands.
For further details:
Cryo-Save Group + 31 (0)575 548 998
Marc Waeterschoot, Chief Executive
Arnoud van Tulder, Chief Financial Officer
Daniel Stewart & Company plc + 44 (0) 20 7776 6550
Simon Leathers/Charlotte Stranner
College Hill + 44 (0) 20 7457 2020
Adrian Duffield/Rozi Morris